WAIT FOR BREAKOUT AND GO LONG THIS MIGHT BE THE LAST CHANCEThis chart is a technical analysis idea for the OM/USDT pair on the daily timeframe from TradingView. Here's a breakdown of the idea:
🔍 Overview
Pair: OM/USDT
Exchange: Binance
Timeframe: 1D (Daily)
📉 Current Market Context
The price is in a strong downtrend, forming a falling wedge (marked with re
MOMENT IS HERE - OM TO END THE BULLRUNSorry for my previous analyis. It came too early and did not work out. However, with these things, you should have a tight stoploss / layer your entries slowly.
Overal market is weak due internal / external factors. A lot of uncertainty is going on in the world right now and we do not know where i
Mantra (OM) Coin – Key Fibonacci Levels & Cycle InsightCurrent Technical Levels (Support Zones):
0.2525 – Strong Resistance
0.2237 – Minor Resistance / Potential Flip Zone
0.1813 – Key Support
0.1669 – Deep Pullback Level
0.1518 – Final Guard Support
0.0991 – Extreme Support (High-Risk Reversal Zone)
Cycle Timing:
Next Key Date: After 14-day cycle com
OM/USDT mid-long trade OM has recently experienced a flash crash, dropping 95–97% from its all-time high, and is now sitting at a market cap of around $300M.
Despite the brutal correction, a positive sign is that the team remains active and committed to recovery efforts — a green flag in a sea of red.
From a risk-reward
Mantra token (OM) to $4 on return to market structure40 days ago on April 13th price action corrected 95% (if this is not enough convince you the Crypto tokens are a Ponzi scheme I don’t know what is), a number of reasons now exist for traders to open a long position into the remaining sell orders of the once project faithful. The reasons?
1. Price
MantraDAO Easy 810% Target —Sell High, Buy Low!Just as selling and profit taking happens naturally when prices trade high near a new All-Time High, buying also happens naturally at support.
OMUSDT was trading at a new All-Time High in February 2025 and smart traders and holders took profits. This taking profits results in a long-term higher low
Mantra's -90% Liquidation event: Why Market-Wide Danger LoomsLast night (April 13th) the Mantra (OM) project saw its market capital drop from $6.11B to $419m!
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From the team
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JP Mullin (CEO of @MANTRA_Chain) remarks at BTCON RWA Summit today on CRYPTOCAP:OM price act
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.